Green Energy for Albania
Development, Financing and Operation of hybrid power plants with a planned capacity of up to 200 Megawatt
about company
We are ready to solar energy,
all we need is to use it well
A world wide distribution of solar supplies in Albania
Developing more than 200 Megawatt Solar and Wind farms, as well as a state-of-the-art ESS (batteries) with more than 50 MWh storage capacity in the final expansion stage.

200 MW plus ESS corresponds power supply for around 140,000 households.

A total investment of up to 200 million euros is planned.Up to a total of 400 temporary and 30 permanent jobs would be created in Albania.
Oleg Ushakov
Million investment in Albanian economy
€ 200
Megawatt storage
Megawatt capacity
United Terra Energy is 100% owned by Terraoil Swiss AG – an exploration and production company in oil and gas industry with a strong operational focus in Albania and the Balkans.

Since 2012 Terraoil Swiss AG operates Visoka oil field and has 100% working interest in this field.

In 2018 Head of Terms were signed for another 3 fields – Cakran, Gorisht and Amonice, with Production Share Agreement for 3 new fields planned to be signed during 2022.

After an intensive evaluation process throughout Terraoil's licensed land plots,
United Terra Energy, through it's mother company Terraoil Swiss AG, has signed an indicative term sheet with a third party on the exclusive cooperation with respect to a tender regarding a project to develop, build, operate and finance of solar power in Albania and the region, including the Visoka Field and the new fields (subject to completion of the new field Production Share Agreement). The company has submitted all the necessary documents to the local authorities and has received the approval to perform the feasibility study in 2022.
About us
Industriestrasse 47, 6300 Zug, Switzerland.
T: +41 71 544 01 20 | F: +41 71 535 59 08 |